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Coraza Integrated Technology Bhd (XKLS:0240) Debt-to-EBITDA : -8.98 (As of Dec. 2023)


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What is Coraza Integrated Technology Bhd Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Coraza Integrated Technology Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM22.40 Mil. Coraza Integrated Technology Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM5.11 Mil. Coraza Integrated Technology Bhd's annualized EBITDA for the quarter that ended in Dec. 2023 was RM-3.06 Mil. Coraza Integrated Technology Bhd's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -8.98.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Coraza Integrated Technology Bhd's Debt-to-EBITDA or its related term are showing as below:

XKLS:0240' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.68   Med: 1.18   Max: 4.6
Current: 4.6

During the past 6 years, the highest Debt-to-EBITDA Ratio of Coraza Integrated Technology Bhd was 4.60. The lowest was 0.68. And the median was 1.18.

XKLS:0240's Debt-to-EBITDA is ranked worse than
78.18% of 2296 companies
in the Industrial Products industry
Industry Median: 1.72 vs XKLS:0240: 4.60

Coraza Integrated Technology Bhd Debt-to-EBITDA Historical Data

The historical data trend for Coraza Integrated Technology Bhd's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Coraza Integrated Technology Bhd Debt-to-EBITDA Chart

Coraza Integrated Technology Bhd Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 1.80 1.12 1.17 0.68 4.60

Coraza Integrated Technology Bhd Quarterly Data
Dec18 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.65 1.05 1.38 -2.51 -8.98

Competitive Comparison of Coraza Integrated Technology Bhd's Debt-to-EBITDA

For the Metal Fabrication subindustry, Coraza Integrated Technology Bhd's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Coraza Integrated Technology Bhd's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Coraza Integrated Technology Bhd's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Coraza Integrated Technology Bhd's Debt-to-EBITDA falls into.



Coraza Integrated Technology Bhd Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Coraza Integrated Technology Bhd's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(22.399 + 5.114) / 5.988
=4.59

Coraza Integrated Technology Bhd's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(22.399 + 5.114) / -3.064
=-8.98

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.


Coraza Integrated Technology Bhd  (XKLS:0240) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Coraza Integrated Technology Bhd Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Coraza Integrated Technology Bhd's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Coraza Integrated Technology Bhd (XKLS:0240) Business Description

Traded in Other Exchanges
N/A
Address
Kawasan Industri Bukit Panchor, Lot 2777, Lorong Industri 5, Pulau Pinang, Nibong Tebal, PNG, MYS, 14300
Coraza Integrated Technology Bhd is principally involved in the fabrication of sheet metal and precision machined components, as well as the provision of related services, such as design and development and value-added sub-module assembly services. The company support customers in various industries including semiconductor, instrumentation, life science and medical devices, telecommunications, aerospace, and others.

Coraza Integrated Technology Bhd (XKLS:0240) Headlines

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